[Kieri]

Here’s an update from WXYZ:

“All plants will be idled at the end of the shift on December 19. Affected employees will not return to work any sooner than Monday, January 19.

Chrysler is taking the drastic action as it fights to survive a weakened economy and dramatic decline in sales.

The automaker says lack of consumer credit is also a major part of the problem. Chrysler dealers say they have many willing buyers but are unable to close deals due to lack of financing.

Meantime, Chrysler is still waiting for word from the White House on whether it will receive billions of dollars in rescue funds needed to help the automaker get through the rest of 2008.”

[Rutles4Ever]

“All plants will be idled at the end of the shift on December 19. Affected employees will not return to work any sooner than Monday, January 19.

So it's a minimum of thirty days.

[TenthAmendmentChampion]

Thank you for the update. Crucial information to have.

[TenthAmendmentChampion]

Chrysler dealers say they have many willing buyers but are unable to close deals due to lack of financing.

But I thought Paulson said the banks were all fixed now!

[taildragger]

Kieri,

Good to hear from MI and what the local media says.

For those of us living here, the buzz has been Chrysler will not make it, if anything the money will be for the orderly dis-assemblage of them. Who gets the Ram Truck, who gets Jeep and who gets the Mini-Van ( the big prize IMHO).

The big looser in this? VW.....

Their highly rated van (more than Chrysler products) are made on the same assembly line.

[Liberty Valance]

"Meantime, Chrysler is still waiting for word from the White House on whether it will receive billions of dollars in rescue funds needed to help the automaker get through the rest of 2008.”

There's the money quote. And a return to work date of Jan. 19th will be just in time to make the messianic noOb their savior.

[CSM]

““All plants will be idled at the end of the shift on December 19. Affected employees will not return to work any sooner than Monday, January 19.”

Then what they are really doing is shutting down for 12 production days.